El Al Israel Airlines close Q2, 2023 with a ten-fold jump in operating profit

El Al Israel Airlines reported revenue of $630 million in the second quarter (Q2) of 2023, up by 22% from $516 million reported in Q2, 2022. The airline reported an operating profit in the second quarter of 2023 of $90 million, almost ten times the operating profit of $9.4 million in the corresponding quarter of 2022. Gross profit was $59 million in the second quarter, up from a gross loss of $17 million in the corresponding quarter last year. “After a successful first quarter that represented a good opening point, we are delighted to present record results for the second